7846 S Bennett Avenue, Chicago, IL 60649
Local realty services provided by:ERA Naper Realty
7846 S Bennett Avenue,Chicago, IL 60649
$340,000
- 5 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: kelsey kyser
Office: baird & warner
MLS#:12423939
Source:MLSNI
Price summary
- Price:$340,000
About this home
Investor Opportunity - Three-Unit Potential Welcome to 7846 S Bennett Ave, an income-generating brick multi-unit located on a quiet residential block in Chicago's South Shore neighborhood. This property currently features two occupied units producing rental income plus an unfinished basement with potential to be converted into a third unit-a prime value-add opportunity for investors. Investment Highlights: * Three-Unit Potential: Two units are tenant-occupied, providing immediate cash flow. Basement is ready for build-out to add a third income stream. * Updated Features: Kitchens and baths have been refreshed, hardwood floors preserved, and layouts offer spacious living/dining areas. * Parking Advantage: Two-car detached garage increases rental appeal. * Location: Steps from CTA bus routes and the Metra Electric 79th St. station. Minutes from the lakefront, South Shore Cultural Center, local parks, shopping, and dining. Why Investors Will Love It: This property offers both stability and upside: current income with room to grow. Renovate the lower level to maximize NOI, or hold as-is with long-term tenants in place. Whether you're expanding your portfolio or entering the South Shore rental market, 7846 S Bennett is a solid addition.
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Home facts
- Year built:1922
- Listing ID #:12423939
- Added:165 day(s) ago
- Updated:December 31, 2025 at 08:57 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Natural Gas, Radiator(s)
Structure and exterior
- Roof:Flat
- Year built:1922
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$340,000
- Tax amount:$2,964 (2023)
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